The PS3's menu fonts are almost impossible to read from more than 6 feet away on a 37-inch LCD running at 1080p. Most 1080p displays are larger, and most people who can afford this console at $600 bucks will have a large TV. But I think that most kids and lower end gamers who are traditional Playstation owners will have a hard time affording a bigger HDTV, yet will want to run in HD. Who wouldn't?
Either way, the fonts are too small.
BTW, I am not an eye doctor, and the comparison to the Snellen eye chart aren't literal or scientific measurements. It's a joke.